7 months on rocket

10625 Stratman St, Detroit, MI, 48224

$69,900

Home List Price

$830*

Closing Credit

2 Bedrooms
1 Full Bath
968 SqFt
$72/SqFt
House

Location

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10625 Stratman St, Detroit$69,900

Buyer Closing Credits

$830*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1942
HeatingNatural Gas, Forced Air
BasementYes
FireplaceLiving Room
MLS #20240027419
Lot Size0.09 Acres
StatusActive

About 10625 Stratman St

Attention investors, don't miss this deal!! Cash-flow property!! Ideal for investors to expand their portfolio, SECTION 8 tenant paying 1,100 monthly. GREAT ROI. Conveniently located with easy access from Outer Dr E and I-94 Freeway. Long-term tenant. Schedule your showing today!!! This property is TENANT OCCUPIED. PLEASE DO NOT DISTURB TENANTS. B.A.T.V.A.I. All measurements are estimated. The seller is selling in AS-IS condition.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1942
  • Stories: 2
  • Living Area: 968 SqFt

Listing Office:

  • Office Name: RE/MAX Leading Edge
  • Office Phone: (313) 277-7777
  • Listing Agent: Daniella Mendoza-Herrera

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: N of Whittier/W of Hayes

Price Information

Listing Price Info

Price Summary:

  • List Price: $69,900
  • Price Per SqFt: $72/SqFt

Tax Information:

  • Annual Amount: $1,519
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

10625 Stratman St vs Detroit

211 DAYS ON ROCKET

+166 Days

$69,900

-$15.1K Less

$72/SqFt

-$2 Less

KEY TAKEAWAY

This property is $15.1K less than the Median Sold Price and $2/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240027419

Listing Office:

  • Office Name: RE/MAX Leading Edge
  • Office Phone: (313) 277-7777
  • Listing Agent: Daniella Mendoza-Herrera

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 15, 2021Home Sold
$69,000
Jul 27, 2021Home Sold
$36,000
Aug 17, 2020Home Sold
$22,000
Jun 08, 2020Home Sold
$49,250

Tax History

YEARPROP. TAXASSESSMENT
2021$1,519$12,600
2020$832$12,000
2018$832$9,200
2017$831$8,500

History based on county public records data.

Payment Calculator

$416

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$276

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-745043
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 0.15 miles

  • Public District Grades PK-5

school-card-donut-745044
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 0.59 miles

  • Public Charter Grades KG-5

school-card-donut-745045
1
/10

  • Carleton Elementary School

  • 11724 Casino St

  • 1.10 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,294. Typical income of Detroit, MI residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10625 Stratman St

What is the listing price of this property?

The listing price of 10625 Stratman St property is $69,900.

What type of property is this?

The property 10625 Stratman St is a house located in Detroit, Michigan, 48224.

Is this property for sale now?

Active Listing: 10625 Stratman St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,519 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 15, 2021 for $69,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 10625 Stratman St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 10625 Stratman St is 968 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10625 Stratman St is 1942.

Rocket Homes›Michigan›Wayne County›Detroit›48224›10625 Stratman St

This home is located at 10625 Stratman St in Detroit, MI and zip code 48224 in the Denby neighborhood. This 968 square foot home, which was built in 1942, sits on a 0.09 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $69,900.

In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. The number of homes for sale in Detroit, MI increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $85,000.

From Rocket Homes Real Estate and based on county public records data.

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